Question: In Myanmar, (formerly Burma), six laborers each making the equivalent of $5.00 per day, can produce 38 units per day. In China, ten laborers, making
In Myanmar, (formerly Burma), six laborers each making the equivalent of $5.00 per day, can produce 38 units per day. In China, ten laborers, making the equivalent of $3.50 per day, can produce 45 units. In billings, Montana, four laborers, each making $126.00 per day, can make 105 units.
Based on labor cost per unit only, the most economical location to produce the item is _____ , with a labor cost per unit of $______
(Enter your response rounded to two decimal places.)
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